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Author Topic: Euro going tits up in 2010  (Read 2090 times)
rcjordan
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« on: December 30, 2009, 08:50:55 AM »

"The European Commission has warned that the finances of half of the Eurozone's sixteen economies are at risk of becoming 'unsustainable', essentially bankrupt.

Spain, Ireland, Netherlands, Slovenia, Slovakia, and Greece are all teetering on the brink....

WSJ: They said a monetary union unsupplemented by a political union risked a fiscal free-for-all among governments, especially in a full-blown recession."

http://www.businessinsider.com/half-of-europe-veering-towards-bankrputcy-2009-12
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kurdt
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« Reply #1 on: December 30, 2009, 08:58:42 AM »

Aah, good old fear play. I wonder who's billions are getting low for this to happen...
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rcjordan
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« Reply #2 on: December 30, 2009, 09:06:25 AM »

>who's billions are getting low

Dubai? California?

http://www.businessinsider.com/marc-faber-dubai-was-just-the-tip-of-the-iceberg-2009-12
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